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Home International Markets

Taiwan stocks advance in early trade, TAIEX surges 0.5%

byCustoms Today Report
14/07/2015
in International Markets
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TAIPEI: Taiwan stocks rose on Tuesday as continued optimism about the situation in Greece kept buying alive, but caution may take hold ahead of fresh data on the Chinese economy.

With China set to release its second-quarter gross domestic product (GDP) data on Wednesday, some analysts warned that lacklustre trade is the precursor to disappointing economic growth.

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The main TAIEX index was up 0.5 per cent at 9,077.48 as of 0209 GMT, after closing higher 1.34 per cent in the previous session.

The electronics subindex rose 0.4 per cent, while the financials subindex gained 0.7 per cent.

 

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